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The selloff underscored renewed investor anxiety over escalating U.S.-China tensions.
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S&P moves to new lows and is back down testing the 200 hour MA
The S&P is trading to new lows and 6615.71, and in doing so is dipping just below the 200 hour moving average at 6616.42.
Concerned about US and China and now the layoffs/firings of thousands of federal workers. The market has been ignoring the shut down. Add concerns about raising tariffs on China goods and its impact on inflation and layoffs, and that could lead to lower growth if the problems are not solved.
The NASDAQ index is down 558 points or 2.43% at 22463. Its low from earlier today came in at 22439.66. It 200 hour moving average is further lower at 22349.22.
This article was written by Greg Michalowski at investinglive.com.
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S&P moves to new lows and is back down testing the 200 hour MA
The S&P is trading to new lows and 6615.71, and in doing so is dipping just below the 200 hour moving average at 6616.42.
Concerned about US and China and now the layoffs/firings of thousands of federal workers. The market has been ignoring the shut down. Add concerns about raising tariffs on China goods and its impact on inflation and layoffs, and that could lead to lower growth if the problems are not solved.
The NASDAQ index is down 558 points or 2.43% at 22463. Its low from earlier today came in at 22439.66. It 200 hour moving average is further lower at 22349.22.
This article was written by Greg Michalowski at investinglive.com.
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How new federal tax changes for 2026 may affect families
The IRS has announced new federal tax changes for 2026 that may affect what families may owe and the refunds they may receive. -
OMB Director says the layoffs have begun
The US OMB Director Vought is saying that the layoffs have begun. By layoffs, he means firings.
This article was written by Greg Michalowski at investinglive.com.
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OMB Director says the layoffs have begun
The US OMB Director Vought is saying that the layoffs have begun. By layoffs, he means firings.
This article was written by Greg Michalowski at investinglive.com.
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NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China
NBA Commissioner Adam Silver is looking to grow the NBA’s footprint in China. -
Trump’s tariff threat on China sinks US Dollar as market sentiment deteriorates
The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in trade tensions between the United States (US) and China. -
Trump’s tariff threat on China sinks US Dollar as market sentiment deteriorates
The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in trade tensions between the United States (US) and China. -
Cramer spots opportunities in 2 overlooked stocks as markets drop on Trump remarks
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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